Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
ATA Marks National Transportation Week
American Trucking Associations is reminding people during this week’s National Transportation Week that trucks deliver the essentials that they need every day.
May 19, 2010Canadian Truckers Oppose Biodiesel Mandates
The Canadian Trucking Alliance is asking that its federal government abandon a plan to adopt a 2% biodiesel mandate for all diesel fuel sold in the country.
Penske Orders 1,350 New SCR Tractors from Freightliner, Volvo
Penske Truck Leasing Co. said that it has ordered 750 new Freightliner Cascadia tractors and 600 VN670 tractors from Volvo Trucks North America, all with 2010 selective catalytic reduction emissions technology, partially because of growing freight demand.
May 18, 2010Trailer Bridge’s 1Q Loss Narrows
Trailer Bridge Inc. lost $308,000, or 3 cents a share, in the first quarter, compared with a loss of $768,000, or 6 cents, a year ago.
May 18, 2010Housing Starts Hit 18-Month High
Housing starts rose in April to the highest level in a year and a half, the Commerce Department said Tuesday.
May 18, 2010Producer Price Index Rises 1.8%
Prices paid to U.S. producers increased 0.1% in April, the Labor Department said Tuesday.
May 18, 2010Diesel Drops 3.3¢ to $3.094
Diesel took its biggest drop in 16 weeks, declining 3.3 cents to $3.094 a gallon, the Department of Energy said.
May 18, 2010E&MU: CARB Issues Fines for Reefer Violations
Agents of the California Air Resources Board have fanned out to ticket truck operators who fail to comply with the state’s complicated schedule for reducing emissions from the small diesel engines that power transport refrigeration.
May 17, 2010IdleAire to Reopen at 23 Locations
IdleAire Inc. said that it will reopen its idle-reduction facilities at 23 truck stops after ceasing operations in January.
May 17, 2010New York ‘Empire State’ Manufacturing Index Slows
Manufacturing activity in the New York region rose for the 10th consecutive month in May but expanded at a slower rate than April, the Federal Reserve Bank of New York said Monday.
May 17, 2010